Investing.com - ABB ADR reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
ABB ADR announced earnings per share of $0.19 on revenue of $7.41. Analysts polled by Investing.com anticipated EPS of $0.38 on revenue of $7.39B.
ABB ADR shares are down 30.15% from the beginning of the year, still down 31.83% from its 52 week high of $39.11 set on January 5.
ABB ADR follows other major Industrials sector earnings this month
ABB ADR's report follows an earnings missed by Lockheed Martin on July 19, who reported EPS of $1.16 on revenue of $15.45B, compared to forecasts EPS of $1.88 on revenue of $15.98B.
Cintas had beat expectations on September 28 with first quarter EPS of $3.39 on revenue of $2.17B, compared to forecast for EPS of $3.13 on revenue of $2.08B.
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